PANews April 26th news, according to Jin10 reports, Moore Threads announced that in Q1 2026, they achieved a revenue of 738 million yuan, a year-on-year increase of 155.35%. The net profit attributable to shareholders for Q1 was 29.36 million yuan, compared to a loss of 112 million yuan in the same period last year. During the reporting period, the company focused on R&D and innovation of full-function GPUs, allowing their products to scale up and drive rapid revenue growth.

Previously reported, Li Feng, co-founder of 'China's first GPU stock' Moore Threads, was exposed for raising funds in the crypto space and borrowing 1500 BTC without repayment.